PowerBanker – Overview

PowerBanker is a powerful, dependable, scalable, integrated e-banking system that meets the deployment requirements in traditional and non-traditional banking environments. Using leading edge channel interface technology, PowerBanker communicates with any touch point to provide full access to fulfill the anytime, anywhere paradigm. A very strong back-office system, PowerBanker provides a full-scale solution for virtual as well as conventional banking deployment. Our channel interfaces are the result of alliances with strategic business partners who are leaders in their respective fields to provide a fully integrated automated multi-channel, customer-centric banking solution. PowerBanker runs on UNIX and Microsoft Windows platforms with an ORACLE database.


A Full Scale Banking Solution

PowerBanker provides unparalleled customer service with full-scale solutions in the following banking business areas:
  • General Ledger, Financial and Regulatory Reporting
  • Customer Relationship Management
  • Treasury and Capital Markets
  • Commercial and Corporate Lending/Risk Management
  • Customer Retail Services
  • Private and Corporate Banking
  • Correspondent Bank Services
  • Trade Finance
  • Electronic Fund Transfers
  • Administrative Services


Core Banking Services

The following is a list of the more popular application modules in a standard PowerBanker system.

Base System

  • General Ledger
  • Customer Information File (CIF)
  • System Profile
  • System Security

Administrative Services

  • Fixed Asset/Inventory Management
  • Income/Expense Amortization Management
  • Asset/Liability Management
  • Budgeting
  • Cost Accounting
  • Official/Expense Checks
  • Electronic Memo System
  • Data Import/Export Utility

Correspondent Services/Retail/Private Banking

  • Demand Deposit Accounts & Savings
  • Time Deposits
  • Due From Banks/Due to Banks
  • Check Processing and Clearing Services
  • Automated Item Processing
  • Check Reconciliation
  • Checkbook Management
  • Stop Payment Orders
  • Checks on Collection
  • Sweep Accounting
  • Teller System
  • ACH
  • Account Analysis
  • Fiduciary Contracts

Commercial Lending/Advances

  • Credit Profile
  • Line and Commitment Management
  • Global Risk Management
  • Cluster Analysis
  • Commercial/Consumer Loans
  • Discounted Loans
  • Time Loans
  • Participations
  • Non-Performing Loans

Treasury

  • Fed Funds/Money Market Investments
  • Foreign Exchange
  • Securities Portfolio Management
  • Debt Management
  • Future Rate Agreements
  • Stock Management
  • Safekeeping
  • Interest Rate Swaps
  • Repurchase and Resale Agreements

Trade Finance

  • Letters of Credit (Import & Export)
  • Standby Letters of Credit
  • Letters of Guarantee
  • Bankers Acceptances (Bought & Sold)
  • Collections
  • Reimbursements

Electronic Funds Transfer (EFT) Interfaces

  • Telex/Facsimile Interface
  • SWIFT Interface
  • Fed Wire Interface
  • LVTS Interface (in Canada)
  • Proprietary Interfaces With Money Center Banks’ Cash Management Systems


Integration to Channel Applications

PowerBanker allows the banks’ customers and potential customers to be in contact with the bank via any of the following delivery channels:
  • Internet via a Web site
  • Internet via e-mail
  • Telephone
  • Call Centers with CRM support
  • Wireless devices
  • ATM and POS terminals
  • Unmanned branches and kiosks
  • Manned branches and point of sales
  • Facsimile
  • Regular mail